Accelerate Resources Limited
Accelerate Resources Limited (AX8.AX) Financial Performance & Income Statement Overview
Review Accelerate Resources Limited (AX8.AX) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Accelerate Resources Limited (AX8.AX) Income Statement & Financial Overview
Explore comprehensive income reports for Accelerate Resources Limited AX8.AX, broken down by year and quarter.
| Metric | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 |
|---|---|---|---|---|
| Revenue | $51307.00 | $0.00 | $0.00 | $0.00 |
| Cost of Revenue | $0.00 | $13833.00 | $9240.00 | $1547.00 |
| Gross Profit | $51307.00 | -$13833.00 | -$9240.00 | -$1547.00 |
| Gross Profit Ratio | $1.00 | $0.00 | $0.00 | $0.00 |
| R&D Expenses | $6156.00 | $0.00 | $33612.00 | $0.00 |
| SG&A Expenses | $915798.00 | $1.44M | $575706.00 | $509665.00 |
| Operating Expenses | $921954.00 | $1.71M | $575706.00 | $509665.00 |
| Total Costs & Expenses | $921954.00 | $1.71M | $584946.00 | $511212.00 |
| Interest Income | $2980.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | -$33716.00 | $62560.00 | $9240.00 | $1547.00 |
| EBITDA | -$952076.00 | -$1.65M | -$740402.00 | -$509660.00 |
| EBITDA Ratio | -$18.56 | $0.00 | $0.00 | $0.00 |
| Operating Income | -$870647.00 | -$1.71M | -$584950.00 | -$511210.00 |
| Operating Income Ratio | -$16.97 | $0.00 | $0.00 | $0.00 |
| Other Income/Expenses (Net) | -$44733.00 | -$274985.00 | -$164692.00 | -$1.05M |
| Income Before Tax | -$915380.00 | -$1.71M | -$749642.00 | -$1.56M |
| Income Before Tax Ratio | -$17.84 | $0.00 | $0.00 | $0.00 |
| Income Tax Expense | $0.00 | -$3.00 | $0.00 | $3.00 |
| Net Income | -$915380.00 | -$1.71M | -$749642.00 | -$1.56M |
| Net Income Ratio | -$17.84 | $0.00 | $0.00 | $0.00 |
| EPS | -$0.001 | -$0.004 | -$0.002 | -$0.006 |
| Diluted EPS | -$0.001 | -$0.004 | -$0.002 | -$0.006 |
| Weighted Avg Shares Outstanding | $1.008B | $434.12M | $379.60M | $280.21M |
| Weighted Avg Shares Outstanding (Diluted) | $1.02B | $434.05M | $379.60M | $280.21M |
Financial performance has remained strong, with revenue growing from $0.00 in Q2 2023 to $51307.00 in Q4 2024. Gross profit continued to perform well, with margins at 100% in the latest quarter. Operating income reached -$870647.00 in Q4 2024, holding a steady -1697% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$952076.00. Net income rose to -$915380.00, keeping EPS at -$0.001. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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